1. The imposition of a fine or tax; the fine or tax so imposed.
— Also termed tax levy. [Cases: Taxation 295. C.J.S. Taxation § 423.]
2. The enlistment of soldiers into the military; the soldiers so enlisted.
3. The legally sanctioned seizure and sale of property; the money obtained from such a sale.
— Also termed (in sense 3) levy of execution. [Cases: Execution 122–147. C.J.S. Executions §§ 100, 102–127, 146–147, 149, 151, 203.]
wrongful levy. A levy on a third party’s property that is not subject to a writ of execution. [Cases: Execution 459. C.J.S. Executions § 426.]
levy, vb.
1. To impose or assess (a fine or a tax) by legal authority (levy a tax on gasoline).
2. To enlist for service in the military (the troops were quickly levied).
3. To declare or wage (a war) (the rival clans levied war against each other).
4. To take or seize property in execution of a judgment (the judgment creditor may levy on the debtor’s assets). [Cases: Execution 122–147. C.J.S. Executions §§ 100, 102–127, 146–147, 149, 151, 203.]
